News
DERBYSHIRE, UK – Electrochemical manufacturer Electrolube, a division of HK Wentworth Ltd., has received £1.1million in additional funding from Fortis, a large European financial institution.
Fortis provided the funds worth to HK Wentworth following the development of a five-year business plan, and has to date invested £2 million into the group.
The initial affiliation will run for two years, with the possibility of extension. Fortis’ investment is set to impact Electrolube’s international sales, technical support and research and development capability.
Fortis provided the funds worth to HK Wentworth following the development of a five-year business plan, and has to date invested £2 million into the group.
The initial affiliation will run for two years, with the possibility of extension. Fortis’ investment is set to impact Electrolube’s international sales, technical support and research and development capability.
BANNOCKBURN, IL – North American shipments of rigid PCBs fell 10.1% and bookings dropped 5.1% in August year-over-year, IPC announced today.
Flexible circuit shipments were down 24.7% and bookings were off 10% year-over-year.
Compared to July, combined shipments of rigid and flexible boards rose 9.2% and bookings were up 13.1%.
Combined shipments decreased 11.1% year-over-year, and orders booked decreased 5.4%. Year to date, combined shipments are down 10.1% and bookings are down 12.3%.
Year to date, rigid PCB shipments are down 10.4% and bookings are down 13.4%. Compared to the previous month, rigid PCB shipments increased 9.8% and rigid bookings increased 12.8%.
Year to date, flexible circuit shipments are down 5.4% and bookings are up 6.3%. Sequentially, flexible circuit shipments increased 0.4% and flex bookings were up 17.7%.
The rigid book-to-bill ratio climbed to 1.06, and the flex circuit book-to-bill rose to 1.07. The combined book-to-bill was 1.06.
Flexible circuit shipments were down 24.7% and bookings were off 10% year-over-year.
Compared to July, combined shipments of rigid and flexible boards rose 9.2% and bookings were up 13.1%.
Combined shipments decreased 11.1% year-over-year, and orders booked decreased 5.4%. Year to date, combined shipments are down 10.1% and bookings are down 12.3%.
Year to date, rigid PCB shipments are down 10.4% and bookings are down 13.4%. Compared to the previous month, rigid PCB shipments increased 9.8% and rigid bookings increased 12.8%.
Year to date, flexible circuit shipments are down 5.4% and bookings are up 6.3%. Sequentially, flexible circuit shipments increased 0.4% and flex bookings were up 17.7%.
The rigid book-to-bill ratio climbed to 1.06, and the flex circuit book-to-bill rose to 1.07. The combined book-to-bill was 1.06.
WASHINGTON – A lobbying effort began Thursday to curb or halt patent legislation that passed the U.S. House of Representative two weeks ago.
Opponents, namely biotech and pharmaceutical firms, claim the bill would undermine current patent protections and deter investors from taking chances with innovative ideas.
Opponents, namely biotech and pharmaceutical firms, claim the bill would undermine current patent protections and deter investors from taking chances with innovative ideas.
The pending legislation has had support from Microsoft, Cisco, Intel and other big tech firms. It is designed to control excessive litigation; however, detractors claim it would benefit large corporations at the expense of startups.
Inventors and CEOs from more than a dozen companies said they object to the provision that would permit companies to challenge patents after awarded in a subsequent review process.
At a briefing Thursday, several executives said they were concerned that because the esoteric, technical details of patent law are difficult to understand, a bad bill might get through Congress.
Rep. Howard Berman (D-CA), a chief sponsor of the House bill, said he would continue to "tweak" provisions when Congress negotiates the details of a final bill.
First, the Senate would have to pass its own bill, which Majority Leader Harry Reid (D-NV), said could happen in the next few weeks.
TEDDINGTON, UK – The higher the concentration of silver in a lead-free alloy, the better the performance at high frequencies.
That’s one finding of a just-released National Physical Laboratory report on vibration in lead-free alloys.
That’s one finding of a just-released National Physical Laboratory report on vibration in lead-free alloys.
WOODRIDGE, IL – EMS provider Morey Corp. last week unveiled a 27,500-sq.-ft. engineering development center with an eponymous name dedicated to new product and process development.
The Richard and Gene Morey Innovation Center incorporates laboratory and research facilities, as well as production equipment for electronics assembly.
The ceremony included introductions by VP Dana Morey, an address by president Scott Morey, and remarks by special guests, including U.S. Rep. Peter Roskam.
The center is named for the second generation of Moreys to run the company.
METHUEN, MA – EMS provider and BGA technology specialist Lightspeed Manufacturing has expanded its manufacturing and engineering area by one-third, the company announced.
The expansion was prompted by the demands of increased volume and a steady growth of orders, which have doubled in the past year, according to president Rich Breault.
In its latest expansion, Lightspeed added production equipment and an advanced BGA workstation. The company also added space for shipping and receiving, and expanded the overall area to keep its manufacturing operations separate. It also added an advanced documentation station to track customer products and technology changes.
Last year, Lightspeed added a third SMT manufacturing line.
The expansion was prompted by the demands of increased volume and a steady growth of orders, which have doubled in the past year, according to president Rich Breault.
In its latest expansion, Lightspeed added production equipment and an advanced BGA workstation. The company also added space for shipping and receiving, and expanded the overall area to keep its manufacturing operations separate. It also added an advanced documentation station to track customer products and technology changes.
Last year, Lightspeed added a third SMT manufacturing line.
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